TEN Holdings, Inc. to Add Conversational AI Solutions to Service Portfolio
Rhea-AI Summary
TEN Holdings (NASDAQ: XHLD), a provider of event planning, production, and broadcasting services, has announced the addition of conversational artificial intelligence (AI) solutions to its service portfolio through a new partnership with its controlling shareholder, V-Cube Inc.
The integration of AI solutions aims to help event companies scale operations efficiently while achieving cost savings through automation. The technology is expected to provide insights into attendee behavior and preferences, enabling more personalized and engaging virtual event experiences.
CEO Randy Jones emphasized the company's commitment to delivering advanced solutions that enhance virtual event experiences while enabling clients to make data-driven decisions.
Positive
- Addition of new revenue stream through conversational AI solutions
- Potential cost savings through AI automation capabilities
- Enhanced service offering for virtual event clients
- Access to valuable attendee behavior data and insights
Negative
- Dependency on controlling shareholder V-Cube Inc. for AI technology access
- Implementation timeline and revenue impact not specified
News Market Reaction
On the day this news was published, XHLD gained 53.57%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
This new service offering reinforces the Company's mission to enhance corporate virtual events for our clients. By offering conversational AI solutions, the Company expects to enable event companies to scale operations efficiently while achieving significant cost savings through the power of AI automation. Additionally, the Company believes that conversational AI will provide valuable insights into attendee behavior and preferences, allowing for more personalized and engaging experiences.
"At TEN Holdings, Inc., we are committed to delivering the most advanced and effective solutions for our clients. By now offering conversational AI solutions, we believe we can elevate the virtual event experience while empowering event companies to scale more effectively and make data-driven decisions," said Randy Jones, Chief Executive Officer of TEN Holdings, Inc.
Enterprises interested in utilizing conversational AI for virtual enterprise events may contact the Company at its contact information below.
About TEN Holdings, Inc.
The Company is a provider of event planning, production, and broadcasting services headquartered in Pennsylvania. The Company mainly produces virtual and hybrid events and physical events. Virtual and hybrid events involve virtual and hybrid event planning, production and broadcasting services, and continuing education services, all of which are supported by the Company's proprietary Xyvid Pro Platform. Physical events mainly involve live streaming and video recording of physical events. To learn more, visit www.tenholdingsinc.com.
About V-Cube, Inc.
V-cube's mission is to "provide even opportunity to everybody". By creating an environment where people can communicate "anytime" and "anywhere", V-Cube, Inc. is working to eliminate the diverse inequalities that arise from time-and distance-constraints, through visual communication, to resolve social issues such as a declining birthrate, an aging society, long working hours, education and medical disparities, and realize a society in which all people can equally earn opportunities. All information about V-Cube, Inc. has been reviewed and approved by V-Cube, Inc.
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and other factors discussed in the "Risk Factors" section of the Company's registration statement filed with the
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SOURCE TEN Holdings, Inc.
FAQ
What new AI service is XHLD adding to its portfolio in March 2025?
How will the new AI technology benefit XHLD's event clients?
What is the strategic importance of XHLD's new AI integration?
When will XHLD's conversational AI solutions become available to enterprises?
